What Else Does the Code Say About Interest and Unsecured Debts?

While some circuits differ, statutory interpretation suggests similar treatment for secured and unsecured claims regarding interest disallowance, unless context dictates otherwise. Attorney Siomos brings subscribers a follow-up to last week’s article.

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siomos
Staff Attorney for Marsha L. Combs-Skinner (Newman, IL)

Ken Siomos has been the Staff Attorney for Marsha L. Combs-Skinner, Standing Chapter 13 Trustee, in the Central District of Illinois, since July 2018. He was previously Staff Attorney for John H. Germeraad, the Standing Chapter 13 Trustee for the Springfield Division of the Central District of Illinois, until the Trustee’s retirement at the end of June 2018. Siomos graduated magna cum laude from the University of Illinois at Urbana Champaign College of Law. He previously attended North Central College and graduated cum laude with degrees in economics and finance.

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